990 34th ST Active Save Request In-Person Tour Request Virtual Tour
Oakland,CA 94608
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,072 sqft
Price per Sqft $2,701
MLS Listing ID 425081135
Style Unknown
Bedrooms 12
Full Baths 7
HOA Y/N No
Year Built 1924
Lot Size 10,752 Sqft
Acres 0.2468
Property Sub-Type Mixed Use
Property Description
Exceptional development opportunity in the heart of Oakland! This property comes with approved entitlements from the City of Oakland to demolish the existing four-unit building and construct a six-story, 63-foot tall building featuring 78 residential units and two ground-floor commercial spaces. The project is fully entitled under the By Right Residential Approval Process and qualifies for the State Density Bonus Law, providing four valuable incentives including reduced setbacks, lot area, open space, and ground floor height. Architectural design and full building plans are in place, allowing a developer to step in and move forward without delay. The approved plans call for a well-balanced mix of housing: 20% reserved for moderate-income households, 80% for lower-income households, and one designated manager's unit. The property is zoned Mixed Housing Type Residential (RM-2, S-13 & S-14 Combining Zones) and is strategically located in Oakland's District 3, offering strong demand for both residential and retail. This is a rare, shovel-ready project in a prime urban market ideal for investors, builders, and developers seeking to deliver high-density housing in one of the Bay Area's most dynamic cities.
Location
State CA
County Alameda
Area Oakland Zip 94608
Zoning RM-2, S-13, S-14
Interior
Heating Zoned
Flooring Tile
Fireplace No
Appliance Dishwasher,Microwave,Varies By Unit
Laundry Common Area
Exterior
Exterior Feature Yard Space
Roof Type Tar/Gravel
Total Parking Spaces 6
Building
Lot Description Corner Lot,Garden,Private
Story 2
Sewer Public Sewer
Water Public
Architectural Style Unknown
New Construction Yes
Others
Tax ID 0090740014
Acceptable Financing 1031 Exchange,Cash,Conventional,Other
Listing Terms 1031 Exchange,Cash,Conventional,Other